Privatization of Navoiyazot Joint Stock Company (Uzbekistan)
According to the Decree of the President of the Republic of Uzbekistan dated 04.28.2015 No.PP-2340 "On measures to increase the proportion of the value of private property in the economy" 49% of the state shares in the authorized capital of Navoiyazot Joint Stock Company has been put up for auction to strategic foreign investors .
Navoiyazot JSC, the largest enterprise of chemical industry of Uzbekistan,
is a leading producer of mineral fertilizers, products of organic synthesis,
is located in the city of Navoi, Navoi region which is one of the industrialized regions of the Republic of Uzbekistan.
Navoiyazot JSC was commissioned in 1964 and today composes of about
80 production units, has its own transport and energy supply infrastructure, recreation and social welfare facilities. Annual production capacity
of ammonium nitrate exceeds 950,000 tons. Along with mineral
fertilizers the plant produces more than 30 kinds of chemicals for the gold, mining, oil and gas industry, covers the needs of the furniture, aviation and medical industries.
Geography of consumers and suppliers of raw materials is extensive and covers the domestic market, the CIS countries and distant abroad.
Since the year 1991 the plant has mastered production of 14 new products and introduced an integrated quality management system in accordance with international standards.
The strategic goal of Navoiyazot JSC - the growth of its capitalization and profitability through the introduction of innovative technologies, diversifying its activities, the development of production with high added value, building new facilities, for which today investment projects are launched aimed at modernizing the technology and technical re-equipment of production enterprises, which will increase the volume of produced commodity output
by more than 2 times, from $265.4 million in 2015 to $617.6 million by 2020.
In the Republic of Uzbekistan many tax privileges and preferences
are provided for foreign investors and your investment will bring you income
and will contribute to the development of JSC «Navoiyazot».
For more information please contact Goskomkonkurentsiya of the Republic
of Uzbekistan at (371) 2592023, 2592138, website: www.gki.uz or
Navoiyazot JSC at (436) 229-22-02, website: www.navoiyazot.uz, email: firstname.lastname@example.org.
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